Blockchain monitoring platform Whale Alert has recorded a substantial operation carried out by the USDC Treasury on the Ethereum blockchain. At around 00:05 AM, 50 million USDC were burned. This is not the first time the USDC reserve has seen changes on this chain; approximately an hour and a half earlier, a similar situation occurred, indicating the ongoing dynamics of USDC in market liquidity and stablecoin management. The frequent operations of USDC, one of the popular stablecoins on the Ethereum chain, have captured market attention. The underlying reason could be to maintain the fixed exchange rate of USDC with the dollar or strategic adjustments to market conditions.